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Grantseeking seen stabilizing

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Grantseeking

Grantseeking

Nonprofits’ grantseeking work may be finding its footing two-and-a-half years after the economy shattered, a new survey says.

Among 867 nonprofits responding to an online survey conducted by GrantStation and PhilanTech, 49 percent applied for more grants in the last six months of 2010 than they had in the same period a year earlier, and 34 percent applied for the same number of grants.

In the last six months of 2009, in comparison, 45 percent of respondents applied for more grants than they had in the same period of 2008.

“This reflects, perhaps, an increased sense of confidence in the economy and the state of grantseeking – that grantseekers are willing and able to invest more time in pursuit of grants that either appear to be more plentiful or about which they feel increasingly optimistic,” the survey says.

Compared to the last six months of 2009, 65 percent of organizations received the same number of grants or more, and 76 percent received grants that were the same size or smaller.

Combined with other recent research, the data suggest “grantmaking is rising, though not returning to its pre-recession levels,” the survey says.

The survey also finds mid-sized organizations rely the most on grant awards as a steady source of revenue and that government grants make up the bulk of the funds awarded, although private funders still play a significant role.

And it finds grantwriting “consumes an inordinate amount of staff time.”

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